Lloyd's Lab's latest cohort tackles climate themes

Originally published at: https://dailyfintech.com/2022/04/07/lloyds-labs-latest-cohort-tackles-climate/

From floods and rising mercury to cold waves, climate-related events impact the insurance industry in multiple ways. A 2018 extreme freeze in the U.K. led to pay-outs for burst pipes of £194 million over three months. In the same year, an extreme heatwave saw over 10,000 homes in the U.K. claim for damage caused by…